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Premiumome (TSX:PIC.A) 3-Year Dividend Growth Rate : 17.30% (As of Apr. 2024)


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What is Premiumome 3-Year Dividend Growth Rate?

Premiumome's Dividends per Share for the six months ended in Apr. 2024 was C$0.61.

The historical rank and industry rank for Premiumome's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:PIC.A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.2   Med: -8.15   Max: 75.6
Current: 17.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Premiumome was 75.60% per year. The lowest was -35.20% per year. And the median was -8.15% per year.

TSX:PIC.A's 3-Year Dividend Growth Rate is ranked better than
81.56% of 857 companies
in the Asset Management industry
Industry Median: 2.8 vs TSX:PIC.A: 17.30

During the past 3 years, the average Dividends Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Premiumome's Dividend Payout Ratio for the six months ended in Apr. 2024 was 0.00. As of today, Premiumome's Dividend Yield % is 20.33%.

Good Sign:

Premium Income Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Premiumome's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Premiumome's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Premiumome's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premiumome's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Premiumome's 3-Year Dividend Growth Rate falls into.



Premiumome 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Premiumome  (TSX:PIC.A) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Premiumome's Dividend Payout Ratio for the quarter that ended in Apr. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2024 )/ EPS without NRI (Q: Apr. 2024 )
=0.607/ 39079.546
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Premiumome was 1.87. The lowest was 0.44. And the median was 0.98.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Premiumome Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0800002024-11-152024-11-152024-11-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.3032692024-10-152024-10-152024-10-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3032692024-07-152024-07-152024-07-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3032692024-04-122024-04-152024-04-30Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3032692024-01-122024-01-152024-01-31Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Premiumome's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.293076/6.36
=20.33 %

Current Share Price is C$6.36.
Premiumome's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.293076.

During the past 13 years, the highest Dividend Yield of Premiumome was 25.01%. The lowest was 5.80%. And the median was 11.53%.

Good Sign:

Premium Income Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Premiumome 3-Year Dividend Growth Rate Related Terms>


Premiumome Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Standard Life Centre, Toronto, ON, CAN, M5H 3T9
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.

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